A production line in Hanoi. Vietnam’s low-cost labour makes it attractive to Chinese firms fleeing Trump’s trade war, but Thailand wants in on the action. Photo: AFP A production line in Hanoi. Vietnam’s low-cost labour makes it attractive to Chinese firms fleeing Trump’s trade war, but Thailand wants in on the action. Photo: AFP
A production line in Hanoi. Vietnam’s low-cost labour makes it attractive to Chinese firms fleeing Trump’s trade war, but Thailand wants in on the action. Photo: AFP

Will Thailand Plus take away Vietnam’s spoils in US-China trade war?

  • Bangkok hopes tax breaks offered in its Thailand Plus stimulus package will lure firms from China hit by higher tariffs
  • Doubters say it will still struggle to outshine its low-cost labour neighbour Vietnam as the best port in a storm

Topic |   US-China trade war
A production line in Hanoi. Vietnam’s low-cost labour makes it attractive to Chinese firms fleeing Trump’s trade war, but Thailand wants in on the action. Photo: AFP A production line in Hanoi. Vietnam’s low-cost labour makes it attractive to Chinese firms fleeing Trump’s trade war, but Thailand wants in on the action. Photo: AFP
A production line in Hanoi. Vietnam’s low-cost labour makes it attractive to Chinese firms fleeing Trump’s trade war, but Thailand wants in on the action. Photo: AFP
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